Nanotech startup Vimano raises $2.7 million in seed round

Indian nanotechnology and advanced materials startup Vimano has raised INR 250 million (about USD 2.7 million) in its seed round, led by Ankur Capital. The funding is expected to support the Bangalore-based startup’s aim to create membranes that can lower costs and enhance the performance of clean energy systems, such as batteries for energy storage and equipment for generating green hydrogen.

The investment will also allow Vimano to initiate pilot projects with strategic partners in the energy ecosystem, expand its team, and establish a scalable manufacturing process for its membranes, the company said..